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Adult Friend Finder, which was founded in 1996, has more than 40 million members, according to its website.Friend Finder Networks says it has more than 600 million registered users across some 40,000 websites in its network.The forum is a so-called "hidden" website hosted on the Tor network, which helps masks the site's true IP address.The site can only be reached using the Tor Web browser.The files contain hundreds of thousands of email addresses purportedly of Adult Friend Finders users.

It has cautioned that, unless it can repay or restructure its obligation, it will face “a material deficiency in our short term liquidity.” With these shortfalls in mind, the company again announced an intention to make an initial public offering of stock, representing a 49% stake in the company, with plans to use the proceeds to pay down its debt and become listed on the New York Stock Exchange.The breach could be especially sensitive since Adult Friend Finder specializes in more risque types of meetings.The sales pitch on its landing page reads: "Looking for sex?The passwords were either stored as plain text or encrypted using the obsolete and insecure SHA-1 cipher.Senior Friend Finder is the largest and most popular senior dating sites online.